Alternative scenario: the upside breakout of 0.241 would call for 0.261 and 0.274.

Comment: the RSI is below 30. It could either mean that the stock is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 0.24 and 0.24). Finally, Ezion is trading below its lower daily Bollinger band (standing at 0.21). Ezion is currently trading near its 52 week low at 0.2 reached on 08/08/17.